  The finest properties in Mallorca
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| Newsletter 20 I July 2009 |
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Greetings!
HEY BIG SPENDERS !
The time has come to empty the Mattress of your hidden wealth! Prices in Mallorca are starting to creep up again. According to the National Statistics property in mainland Spain continues to drop but re-sale prices in the Balearics increased by 1.1% over the second quarter. Tourism too is improving against the national average. Needless to say nobody quite knows where these figures come from but good for the "feel good factor".
Several of my colleagues in other real estate companies are also reporting an upsurge in the level of sales and general traffic. It would be foolish to pretend we are back to "boom time" but fortunately there are clients around and some serious shoppers.
There continues to be a dilemma re prices and dates - if recently listed, the price is probably realistic for today and not so negotiable perhaps as those properties that have been "waiting a while"!! So buyers should check when the current price was determined.
And the pound sterling continues its slow advance against the Euro - or rather more accurately the Euro continues its decline against other currencies. € 1.20 to GBP 1 sterling is the prediction for the autumn - again it depends on which crystal ball you have to hand.
The comments written here are very simply Michael Cunnington's understanding of the matters mentioned and in no way should be taken as an official view - any comments from readers will be welcomed. |
| SUPERYACHT REGATTA 2009 |
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The annual Superyacht regatta was held over last week-end here in Palma and 18 yachts between 30 and 80 metres took part. A total of 500 owners and crew members spent 4 days based in Port de Mallorca near the Auditorium - a much improved location as very much more accessible to restaurants and shops. The result was a spending per capita of € 370 a day - more than double the amount usually spent by golfers. Which just proves my point "the Big Spenders are still alive and spending!" More than 11 million Euros in total. |
| STATUS QUO |
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Already booked to appear in Madrid, Barcelona, and Bilbao in the Autumn, the fabled group is rumoured to be scheduling a show here in Palma.
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| COME FLY WITH ME |
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A new show at the Casino - the publicity reads " The music of Frank Sinatra is synonymous worldwide with casino entertainment and what we've done with 'come Fly With Me' is to bring the quality of Broadway to the island of Mallorca, creating a 'must see' show. Never before has such jaw dropping dance and acrobatic routines been combined with the quality music from the King of Swing."
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| -AND FOR MORE TRADITIONAL CULTURE SHOCKS: |
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BALLET AT THE AUDITORIUM
Excellent Entertainment but almost essential to buy a Season Ticket as heavily over subscribed as a rule - see such artists as Sara Baras, Antonio Canales, and various international ballets - six each season.
Antonio Canales
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| A TUESDAY MORNING JOKE! |
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A plane is on its way to Melbourne when ex Big Brother contestant, Chantelle, gets out of her seat in Economy Class and moves to the First Class section and sits down.
The Flight attendant watches her do this and asks to see her ticket.
She then tells Chantelle that she will have to return to her Economy seat.
Chantelle replies, "I'm blonde, I'm beautiful, I'm a celebrity, I'm going to Melbourne and I'm staying right here!"
The flight attendant goes into the cockpit and tells the pilot and co-pilot that there is some blonde bimbo sitting in First Class who belongs in Economy and won't move back to her seat.
The co-pilot goes back to the passenger and tries to explain that, because she only paid for Economy, she is only entitled to an Economy seat and she will have to return to her original seat.
She replies, "I'm blonde, I'm beautiful, I'm a celebrity, I'm going to Melbourne and I'm staying right here!"
Exasperated, the co-pilot tells the pilot that it was no use and he probably should have the police waiting when they land to arrest the woman, who won't listen to reason.
"You say she's blonde", says the Pilot. "I'll handle this. I'm married to a blonde, so I can speak blonde!"
The pilot goes back to the woman, whispers in her ear, and she says, "Oh I'm sorry - I'm glad you told me", gets up and moves back to her seat in Economy.
The flight attendant and co-pilot are amazed and asked him what he said to make her move without any fuss.
The pilot replied, 'I told her First Class isn't going to Melbourne. | |
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NEWLY LISTED FINCAS AND VILLAS! |
 Exclusive country house in S'Horta.
Elevated position with panoramic views over the countryside to the sea and Cala D'Or. Master bedroom with Jacuzzi, 2 guest suites, equipped kitchen, dining room, TV lounge, office and games room (possible as bedrooms). Separate building with fitness area, office and bathroom. Surrounded by beautiful garden with a large pool and terraces.
Guide Price: 3.800.000€
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 Attractive finca dating back over 200 years.
Between Puerto Pollensa, Pollensa, and Cala San Vicente and in almost 90,000 square metres ( 22 acres) of orchards and pasture land, the property is in good condition and has in total 6 bedrooms and 5 bathrooms plus a pool house with pre-installation for a small kitchen, and 2 shower rooms.
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 Great finca near the beach of Can Cuarassa.
In 16.000m2 of land with a living area of approx. 379 m2 plus approx. 350 m2 of terraces and courtyards. 4 bedroom suites, large lounge and dining area with direct access to the covered live-out terrace, fully equipped kitchen. Surrounded by a beautiful and easily maintained garden with heated pool, covered terrace with summer kitchen.
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 Delightful Finca in S'Arraco by Andratx.
This original finca has three bedrooms, one en suite bathroom and a second shower room, living room and kitchen in the main house and a separate guest house with two further bedrooms, living room, bathroom and kitchen. Set in 6400 square metres of gently sloping land with views to the village, there is also ample terracing and a swimming pool.
Price reduced from 1.600.000€ to 1.450.000€
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 Charming village house in delightful Orient.
This 200 year old characterful property offers 4 bedrooms and 3 bathrooms in the main house, plus a separate 1 bedroom guest apartment with kitchenette. Inspiring views over the fields and mountains of the Tramuntana range with beautiful courtyard and swimming pool.
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 Spectacular luxury penthouse in first line Palma.
In historic first line Old Town building this beautifully designed duplex offers amazing panoramic sea views and comprises 4 bedrooms, 3 bathrooms, stunning open plan lounge, dining room and fully fitted luxury kitchen. Rear terrace for al fresco dining, with covered area and small plunge pool with sun bathing deck.
Price: 4.600.000€
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 Probably the finest penthouse in Puerto Andratx
Compeltely refurbished to a very high specification. Sensational views to the port. 4 bedrooms, 4 bathrooms, living-dining room open to large modern kitchen, excellent live-out terrace with fireplace and panoramic views, and Jacuzzi. Community Pool, 2 parking spaces and lift.
Price: 2.495.000€
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 Penthouse with great views of Cala Figuera.
This lovely apartment has a large roof terrace with amazing views over charming Cala Figuera and sun all day long. It contains further a master suite and separate guest bedroom with separate shower room/guest W.C. Moreover there is an open plan living-dining room with kitchen.
Price: 375.000€
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RECENTLY REDUCED PROPERTIES |
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Enchanting finca in Soller with stunning views.
5 min. to Port de Soller. 4 bedrooms suites + 2 bedroom guest apartment.
Price reduced from 4.8 mio € to 3.9 mio €
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New waterfront Villa in Cala D'Or.
Private access to the sea. 4 bedroom suites.
Price reduced from 2.195.000€ to 1.995.000€
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Click here to view all our "Priced to sell properties".
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That was all for now. We hope to see you soon in Mallorca.
Sincerely yours,
Michael Cunnington
MJC Associates
Tel: +34 971 57 99 57
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